This property might be a fair Mid-Term investment with a projected 2.76% first-year return on $57,900 initial cash invested.
2.76%
Cash On Cash
7.74%
Cap Rate
1.21
DSCR
$1,934
Rent
$133
Cashflow
Cash Flow
$1,934 income − $1,801 expenses = $133 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,900
Downpayment
20%
$38,000
Closing costs
1%
$1,900
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$1,934
Total Expenses
$1,801
Mortgage P&I
52%
$1,015
Property Taxes
3%
$63
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$232
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$213